India Ratings and Research in a report said non-banks have adequate system liquidity (because of regulatory measures), sufficient capital buffers, stable margins due to low funding cost and on-balance sheet provisioning buffers.source https://economictimes.indiatimes.com/industry/banking/finance/enough-cushion-in-place-for-nbfcs-to-manage-operating-headwinds-in-h2-fy22-report/articleshow/85831218.cms
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